How Would You Calculate the Mode of a Distribution of Scores

question 32

Multiple Choice

How would you calculate the mode of a distribution of scores?

• A) add all scores and divide by the number of scores
• B) arrange all scores from lowest to highest and find the middle score
• C) order scores and see which score occurs most often
• D) use a z score to locate the center of the distribution

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Definitions:

Full Employment GDP

The output level of an economy when all available resources are employed efficiently, corresponding to a situation with no cyclical unemployment.

Classical Range

In economics, refers to the level of output where all resources are fully employed, and prices are flexible, historically associated with the Classical theory of economics.

Savings

Money that is set aside from disposable income or after personal expenses have been covered, often put into a deposit or an investment for future use.

Wealth Effect

The change in spending and consumption patterns caused by changes in perceived wealth.